WiFi TV Inc. (WIFT)

[al44]

Hunter6110- I honestly don't think a R/S is in the cards for the near future. Historically they have pretty much exhausted the supply of A/S before reverting to the R/S. With only about 10% os the authorized out here they have a whole lot more shares to sell before they hit the 30 billion mark. When they hit the 70-80% mark then start looking for the R/S. As they dump more and more shares the price will go down to .0001 and at that point the share increases will start increasing exponentially to secure financing. I look for that about end of Sept at the current rate of dilution. That's been the pattern.

As an aside, when looking over their financials, I've always wondered: When they have the self proclaimed "guru of the internet" running the company, why do they have so much expense in consulting fees? It's not legal fees or accounting as they are separate line items. So, is the company paying Alex consulting fees on top of that salary? Who better to consult than the guru? Just wondering, that's all.

.......al